Globalwafers to help ease 12-inch wafer shortage in the US; Sharp buys back SDP as wholly-owned subsidiary

This week’s Asia tech industry summary will focus on Globalwafers’ plan to establish a 12-inch silicon wafer factory in the US’ Texas to mend the shortage of large-size silicon wafers in the US, while Globalwafers’ Japan-, Germany-, and Korea-based competitors have also been expanding their capacities in Asia; Sharp has purchased back Sakai Display Product (SDP) to make it a wholly-owned subsidiary in a bid to improve the brand business and stabilize its panel supply; Alibaba has acquired the license for a road test of its L4-level autonomous driving trucks. Other companies that crossed from Internet services businesses to the logistics fields include Meituan and JD.com

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Walking a tightrope (4): Geopolitical risks

To avoid the air spaces being affected by Russia-Ukraine war, the planes of Japan Airlines and Korean Airlines may reroute to Alaska and Canada, which may not only add four extra hours of flight time, but also make Alaska a new stopping and refueling point. The cost of the detour is even more obvious in the era of high oil prices, and this cost will be borne by everyone.

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Turn Cloud signs MOU with two Japanese firms

Turn Cloud Technology Service, a Taiwan-based startup developer of OMO (online merge with offline) total solutions for digital transformation of retail operations, has signed an MoU with Japan-based VINX and Hitachi Solutions for introducing its products and technology to retail store chains, hypermarkets and shopping centers in Japan and Southeast Asia, according to Taiwan’s National Development Council (NDC).

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